The Bernanke digression is useful as a way of vivifying Bagehot’s words. Bernanke wasn’t going to let political affiliation ...

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It is becoming clear what the major challenge will be for Jerome Powell's successor: maintaining the Fed's independence while ...

The WSJ report, quoting unnamed sources, said that Bessent had warned Trump about the possible legal, political, and market ...

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...